"A Galileo could no more be elected president of the United States than he could be elected Pope of Rome. Both high posts are reserved for men favored by God with an extraordinary genius for swathing the bitter facts of life in bandages of self-illusion." ~ H.L. Mencken

China Warns U.S. Debt-Default Idea Is "Playing With Fire"

“Li Daokui, an adviser to the People's Bank of China, said a default could undermine the U.S. dollar, and Beijing needed to dissuade Washington from pursuing this course of action.” I’m not sure the dollar could take much more undermining, not without something serious, like hyperinflation, happening.